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Sep 3, 2010 10:00am EDT
, christina romer. >> there was chaos in pakistan this morning as an explosion is caught on camera right at the moment of impact. good friday morning, i'm chris jansing live from msnbc world headquarters in new york. we begin today with hurricane earl pushing 105-mile-an-hour winds and driving rain. and giving the northeast a beating. so let's tell you what's going on and how it might affect your labor day holiday plans. right now, earl is moving past the outer banks of north carolina and up the coast. it's still not clear just how close this storm will come to cape cod and the massachusetts coastline. take a look at nags head, north carolina, last night as the storm rolled through. while earl is now a category 2 storm there is still concern there could be power outages, damage and flooding. now let's take a look at those nasa images from space. they show just how big earl was at its peak t is still powerful enough to cause 30-foot waves and erode beaches. >> once it starts, you could sit here and watch and the boats are bouncing. >> we have reporters from kill devil hills, north carolin
Sep 28, 2010 12:00pm EDT
peter orszag is gone. council of economic advisers chair christina romer is gone. >> the work that they do is difficult. they have been at it two years. >> only treasury secretary tim geithner remains and he is under fire. >> the economic team on the way out. >> five weeks before midterm elections. people are predicting big losses for democrats. the timing could not be more crucial. >>> the cia is intensifying missile attacks against militants in pakistan. they have heard of a new plan to target the multiple countries including the u.k., france, and germany. if 20 drawn strikes have been launched by the c.eia in the pat months. -- drone attacks. >>> 20 insurgents have been killed in a day of hard fighting. u.s. soldiers are now controlling is they had never been to before. commanders have taken away the homemade bombs from the taliban. >>> former alaska senator ted stevens will be laid to rest this afternoon at arlington national cemetery. the 86-year olds died last month in a plane crash in a remote part of alaska. four others were killed. four survived. he was the longest-se
Sep 3, 2010 5:30pm PDT
. >> woodruff: and i'm judy woodruff. on the newshour tonight, christina romer, the outgoing head of the president's council of economic advisors, reacts to today's numbers, and we ask her about the administration's approach to the economy. >> lehrer: paul solman examines the rising number of burned out employees in the country who are doing more for less. >> we're working more but we're not seeing any rewards for that. it's very frustrating. >> woodruff: then, margaret warner in baghdad reports on iraqis' daily frustrations with an essential element of modern life-- electricity. >> lehrer: mark shields and david brooks give their analysis of the week's news. >> woodruff: and tom bearden, in morgan city, louisiana, looks at how even the b.p. oil spill couldn't stop the 75th annual shrimp and petroleum festival. despite a lot of concerns about the future, this town is ready to party. >> lehrer: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: and with the ongoing support of these institutions and foundations. and... this program was m
Sep 25, 2010 1:30am PDT
of the president's inner circle to head for the exits this week with the recent departures of christina romer and peter orszad and the imminent decampment of chief of staff rahm emmanuel and david axelrod, a chief is under way at the white house. bill clinton is among those who believe the president still has to assert control over his biggest challenge, the economy. the former president sat down with my news however colleague judy woodruff this week. >> if this is a referendum on people's anger and apathy, our side stays home and their side, we don't do well f it's a choice between who's going to do what, we can do well. the president is out there now. and i think it's high time. and it's good, and it's good that he's taking some shots. that's what people want to see. they like to see their presidents get hit a little bit. gwen: and he would know. and does the white house subscribe, jackie, to this clinton principle that sometimes you got to take your hits? >> well, they would never admit that they subscribe to anything that's described as clinton's. but of course, the danger in that is you
FOX News
Sep 2, 2010 10:00pm EDT
. ♪ >> greta: more stimulus spending as christina romer steps down. that's what she is calling for. >> the only surefire ways for policy makers to increase aggregate demand in the short run or for the government to spend more and tax less. in my view we should be moving toward on both fronts. >> greta: can we spend our way out of this recession? writer for the "wall street journal" editorial page steve moore joins us. >> we certainly tried that. we've spent over two trillion since this recession started. we have racked up an enormous amount of debt. what was interesting about what christina romer said yesterday she almost threw up her hand and seemed like with it would work when we drew up -- drew it up on the blackboard and seemed utterly surprised. >> greta: the idea of doing it in a classroom is different than -- did she actually use a reference to the classroom that it looked okay is that how you are paraphrasing it? >> i'm paraphrasing. she did come up with the famous numbers that will keep unemployment less than 8%. >> greta: did she make any explanation as to why she predicted 8% and we
Sep 21, 2010 6:00pm EDT
is happening, peter orszag is gone, the budget director. also, christina romer is also out. and now larry summers announcing today. senator, what does this mean? >> you know what, ed, i don't think it is particularly surprising. i know it is big news, but frankly, a year and three quarters in this presidency, it is not unusual that at this time, toward the end of this year, people start leaving. these are 24/7 jobs, tough jobs. so, i'm not particularly surprised that this president will retool now and bring in some new people, but today's announcement wasn't a particular surprise to me. >> it's no -- no correlation between a struggling committee? could this be a shift in direction on how to get the country back to where it needs to be? >> well, this may really try some new things with respect to the economy, but let me make a point. this economy wasn't brought downs to the knees overnight. i mean, this took a couple of terms of the bush administration to bring it to its niece and this president inherited the economy. everybody should remember. this the moment before he took off, this coun
Sep 10, 2010 6:30pm EDT
of economic advisors, replacing christina romer, who left to return to teaching. >> susie: the president used today's press briefing to push his agenda for reviving the economy, from tax breaks to a small business jobs bill. washington bureau chief darren gersh reports. >> reporter: the president today acknowledged what many americans know too well-- economic progress has been painfully slow. still, he urged voters to stay the course this on election day. >> if it was just a referendum on whether we have made the progress we need to, then people around the country will say that we are not there yet. if the election is about the policies that are going to move us forward, versus the policies that will get us back into a mess, then i think democrats will do very well. >> reporter: business groups say administration policies are adding to the economic mess. u.s. chamber of commerce chief economist martin regalia points to health care, financial regulation, and tax policy-- areas where he says the obama administration is increasing cost and uncertainty. >> the bottom line is you get subpar growth
Sep 27, 2010 4:30am EDT
. other members of the team peter orszag and christina romer are already gone. the senior adviser david axelrod will head home to chicago by spring. bill clinton changed chiefs of staff four times at different crisis points in his presidency. president george w. bush dumped donald rumsfeld from the pentagon after 2006 elections. all presidents have crisis points. president obama is in one leading up to the november elections, so the new team he builds will say a lot about the direction he wants to go in next year. bill plante, cbs news, the white house. >>> this morning on "the early show" a preview of the hottest toys for the holiday season. it's amazing we are already talking about the holiday season. i'm terrell brown. this is the "cbs morning news." [ male announcer ] the new subway flatbread breakfast sandwiches! like the new double bacon & cheese omelet sandwich! they're all new. toasty, tasty, and made to your order. so come and build your better breakfast today, at subway! no pills, no pain. how can you get pain relief without taking pills around the clock? try thermacare heatwr
Sep 10, 2010 6:00pm EDT
economists already on the council. he will replace christina romer, who left the administration last week to return to our university teaching position. >>> there is a possibility the pentagon may be barred from pushing its long controversial of don't ask don't tell policy. it was ruled it was unconstitutional and violates the constitutional rights of those in it -- individuals. government lawyers claim they lack the authority to issue it. >>> 50 residents were hurt when a massive fireball destroyed more than 30 homes in the sand francisco suburb of san bruno. authorities a ruptured gas line was to blame, but they cannot continue their investigation until lingering hot spots cool off in the neighborhood. >>> still to come, remembering 9/11. the events held today to honor lives lost on that tragic day. >>> a proposal to crack down on a string of violent robberies in college park. >> here is the best wireless carrier? we have the results of a new survey. >> skies will clear in the evening hours, and the chance for some rain in the upcoming weekend. a look at the forecast is coming up. a loo
Sep 22, 2010 7:00am EDT
in a matter of months. the budget director, peter orszag, stepped down in july. christina romer went earlier this month. the highest profile remaining member of the team is treasury secretary geithner. some are asking if he will be the fall guy. >> joining me now is our economics editor. why do you think larry summers is gone? >> many people thought he would go by the end of this year. if he did not, he would have to reapply for his place as a professor at harvard. there's the much desired tenure at harvard. it seems clear that he did ask the president if he could leave one year ago. he did originally planned to stay one year. he was persuaded to stay one more year. >> was he being listened to in the white house? there was this debate over policy. sometimes he felt left out. >> he's a man of very strong opinions. if he is up against a lot of people, sometimes he will lose arguments. i'm sure he would have expected to have lost some battles. he was a driving intellectual force. people knew they have to take him on in getting their views through to the president. he was quite a key figure. the
Sep 26, 2010 11:30am EDT
a trillion, as did christina romer. that was not larry summers fault. larry summers is brilliant, and unfair to look at what happened to that stimulous program, which was politicized to such an extraordinary degree by the congress and by the white house. that's why that program was not nearly as effective as it should have been. as far as rahm emanuel, there is going to be an opportunity that nobody expected, which is that mayor daly would be the mayor obligation, of course. >> summers just got back from a trip to beijing and he saw bau over there and he tried to get him to monitor his money the proper way, instead of what he is doing with it. and that didn't work. do you think there's any connection between that failure to get one -- in fact the president himself met with him. do you want to talk about that? >> the main issue here as far as we are concerned, the united states economy is concerned is that the yen is kept at an artificially low level. >> what does that do to us? >> what that means is their exports are more competitive and our exports are less competitive in china. what th
FOX News
Sep 8, 2010 1:00am EDT
. and christina romer leaving the economic team. to me it suggests there's dissention at the top. you stay when it is fun, having success if it stars to look bad everyone jumps ship. >> the president was elected in part, heavily, i think on anxieties about the economy. remember, the election was a month after the collapse. and yet, the first year or more of this administration was consumed by this health care question. and the truth is, they haven't given the economy the priority attention that it deserves that i think any other wise administration would have given it. you are seeing it in behavior of his top economic advisers. they don't agree, they don't seem to be reading off the same page. they don't seem to have a cohesive vision of what recovery should look like. >> greta: how much is legitimate economic planning that the president truly believes this or peter orszag truly believes it and how much of it is political, trying to divide the upper 2% from the rest of the population? in 1992 when president clinton who had a wonderful year as economic leader of this country, he said the rich ne
FOX News
Sep 21, 2010 6:00pm EDT
, the budget director and christina romer who chaired counsel of economic advisors. >> bret: mike emanuel live on the north lawn. thank you. let's get more on the president's economic team and the politics of the economy. from senior political analyst brit hume. good evening, brit. >> hi, bret. president obama suggesting that that town hall meeting monday, the top members of the economic team might be leaving was followed by comments from the press secretary today that did nothing to dispel the impression and then came the summers announcement. it makes sense. his original chief economic advisor as mentioned, christina romer left after a rocky tenure, among other things she claimed that passing the stimulus spinfest would host jobless rate at 8%. the economic research, official judge of such matters now says the recession has been over since june of last year. if that's true, it means the recession ended before the stimulus could even take effect. political terms, though, the recession is not over. and will not be until the unemployment rate starts coming down and rapidly. which means the stim
Sep 3, 2010 9:00am EDT
with one of the president's top economic advisers, dr. christina romer is going to be joining us. she is actually the outgoing chair of the president's council of economic advisers. she will be heading back to uc berkeley to teach. she will talk to us before she goes talking about the new government numbers, jobless numbers. she's coming your way in a bit. a remind earp the president, we're expecting him to make comments about the jobless numbers and the economy. there's a accepsense of relief. an oil platform fire turned out to be far less serious -- far, far less serious -- than anything like the bp oil disaster. the fire broke out just 200 miles west of the oil rig explosion that led to the bp oil spill. that fire, you're seeing some of the pictures here, put out quickly despite the early reports, no oil was spilled. the platform owned by mariner energy, all 13 crew members aboard. they jumped into the water. they had their survival gear with them. none of them had serious injuries. no word yet. again, you see the picture of them in the water. they were rescued. no word on the caus
Sep 10, 2010 4:00am PDT
, replacing christina romer, who left the administration last week to return to teaching. >> and, finally, a disappointed romanian lawmaker, who drafted a proposal to tax witches and fortune tellers, claims lawmakers were frightened into rejecting the tax because they were afraid of being cursed. you don't hear that every day. >>> well, tom brady takes a hit, home run leaders add to their totals, and a rare steal of home. >>> plus, the saints come marching into the new nfl season with a win over the vikings. your early morning sports headlines are straight ahead. >>> and we're watching some rain for the weekend. your regional forecast is coming up. you're watching "early today." for those of us who have lactose intolerance, let's raise a glass to cookies just out of the oven. to the morning bowl of cereal. and to lactaid® milk. easy to digest and with all the calcium and vitamin d of regular milk. [ female announcer ] lactaid®. the original lactose-free milk. host: could switching to geico realis a bird in the handre on and vworth 2 in the bush?milk. appraiser: well you rarely see them
Sep 21, 2010 5:30pm PDT
: he is. and he's the third big player. on the economic team. peter orszag, christina romer, now larry summers have all gone. white house officials tell me summers' position will not be filled until after the election, but this is not the only change in the white house. very possible maybe even likely that rahm emanuel, the chief of staff, will run for mayor of chicago. there is likely to be changes in the communications and political team as the re-election approaches so, i would expect a significant reorganization, after the election. now, that is not all that uncommon. >> but not easy to do. >> reporter: not easy to do at all, absolutely. >> let's talk about former president clinton's advice to president obama, is he going to take it? >> reporter: i think he may. first of all, white house aides say the president has already taken a piece of that advice. to go out on the campaign trail and really talk about the choice between republican and democratic policies. now, it is true that the president clinton and the first lady are more popular than the president, but what white house aide
Sep 21, 2010 5:30pm PDT
, will leave at the end of the year. this follows the departure of budget director peter orszag and christina romer, head of the council of economic advisors. still ahead on the "cbs evening news"... do you think situation in this country would be different if your wife had been elected instead? but up next, giving teachers report cards and posting them online. they don't like it one bit. seventh leading cause of death and affects more than 5 million americans. the alzheimer's association is taking action, and has been a part of every major advancement. but we won't rest until we have a cure. you have dreams... help the alzheimer's association protect them. act now, go to >> couric: it's the start of a new school year, and the pressure is on to do well-- not just the students but teachers, too. the obama administration in its race to the top program has already handed out $4 billion to states that allow student test scores to be used to judge how well their teachers are doing. in los angeles, evaluations of teachers are posted online and they're not happy about it. as ben tracy repor
Sep 10, 2010 5:00am EDT
as chairman of his council of economic advisers replacing christina romer who left the administration last week to return to teaching. >>> finally a disappointed romanian lawmaker who drafted a proposal to tax witches and fortune tellers claimed lawmakers were frightened into rejecting the tax because they were afraid of being cursed. >>> tom brady takes a hit, home run leaders add to their totals, and a rare steal of home. plus the saints come marching into the new nfl season with a win over the vikings. your "first look" at sports is straight ahead. you took my eggs ! it's an "egg management fee." what does that even mean ? egg management fee. even kids know it's wrong to take other people's stuff. that's why at ally bank we offer rates among the most competitive in the country that won't get eaten away by fees. it's just the right thing to do. i but i justve my 5 employcan't afford it.ance, i have diabetes. i didn't miss a premium payment for 10 years. and i'm worried if i lose my job, i won't be able to afford insurance. when i graduated from college, i lost my health insurance. the mi
Sep 22, 2010 5:30am EDT
the departure of former budget director peter orszag and of christina romer, the former chair of economic advisers. now only tim geithner remains in place from that original core. meanwhile, it's the administration looking for ways to jump-start the economy and a new reuters poll shows 68% of americans believes lowering taxes will create jobs in the country and 68% say reducing the deficit will help. >>> president obama heads to new york this afternoon to speak at a development summit at the united nations. tomorrow he'll speak to the general assembly where administration officials say he'll walk a fine line on iran in a broad-based foreign policy speech. yesterday, iranian president mahmoud ahmadinejad warned an attack on his country's nuclear facilities would spark a war that would "know no limits" and also weighed in on capitalism saying it's on the verge of death and that it's time for a new economic system and he is just getting going. he speaks at the general assembly tomorrow. >>> eight city officials of the blue collar suburb of bell, california, are scheduled to be arraigned in c
Sep 3, 2010 7:00pm PDT
. which is why obama economic adviser christina romer says there is no evidence of a massive skills mismatch. >> this is not the new normal. it's the old cyclical. that we are still in the middle of a recession. we still have not enough demand for a normal level of output, and that's the fundamental reason unemployment is high. >> reporter: but don't tell that to drew greenblatt. he just spent $700,000 on new equipment-- there's just one thing missing. >> we're standing adjacent to five robots that are not running right now. and they're not running right now because i don't have enough smart people like them to set them up right now. >> reporter: darren gersh, "nightly business report," baltimore. >> tom: here are the stories in tonight's n.b.r. newswheel: that employment news led to higher stock prices on wall street. the dow rose nearly 128 points, the nasdaq added almost 34 and the s&p 500 up 14 points. trading volumes were very similar to yesterday's pace. 946 million shares on the big board. 1.7 billion on the nasdaq. b.p. has removed the blowout preventer that didn't stop oil
Search Results 0 to 49 of about 136 (some duplicates have been removed)